Aercap Holdings N.V. (AER) Earning Somewhat Positive Press Coverage, Analysis Shows
Headlines about Aercap Holdings N.V. (NYSE:AER) have trended somewhat positive this week, according to Accern. The research group identifies negative and positive media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Aercap Holdings N.V. earned a coverage optimism score of 0.19 on Accern’s scale. Accern also assigned media stories about the financial services provider an impact score of 46.4833604342368 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the headlines that may have impacted Accern Sentiment’s analysis:
- Aercap Holdings NV Ordinary S (NYSE:AER) Trading Down – Shorts Up 6.45% – First News 24 (firstnewspaper24.com)
- Zacks: Brokerages Expect Aercap Holdings N.V. (AER) Will Announce Quarterly Sales of $1.20 Billion (americanbankingnews.com)
- Institutional Ownership Update: AerCap Holdings NV (NYSE:AER) – Wallstreet Investorplace (wallstreetinvestorplace.com)
- AerCap Holdings NV (AER) price to earnings P/E ratio stands at 8.17 – Street Observer (press release) (streetobserver.com)
- AerCap Holdings NV to Release Third Quarter 2017 Financial Results on November 2, 2017 – Business Wire (press release) (businesswire.com)
Shares of Aercap Holdings N.V. (NYSE AER) opened at 52.00 on Thursday. The firm’s 50-day moving average price is $50.15 and its 200 day moving average price is $47.27. Aercap Holdings N.V. has a 1-year low of $38.20 and a 1-year high of $52.37. The company has a market capitalization of $8.35 billion, a PE ratio of 8.20 and a beta of 1.86.
Aercap Holdings N.V. (NYSE:AER) last released its quarterly earnings data on Thursday, August 3rd. The financial services provider reported $1.67 earnings per share for the quarter, beating analysts’ consensus estimates of $1.38 by $0.29. Aercap Holdings N.V. had a net margin of 22.26% and a return on equity of 14.43%. The business had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.22 billion. During the same period in the previous year, the business earned $1.22 EPS. Aercap Holdings N.V.’s revenue was up 2.0% compared to the same quarter last year. Equities analysts predict that Aercap Holdings N.V. will post $6.10 EPS for the current fiscal year.
Aercap Holdings N.V. declared that its board has approved a share repurchase plan on Thursday, August 3rd that permits the company to buyback $250.00 million in shares. This buyback authorization permits the financial services provider to repurchase shares of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s board of directors believes its shares are undervalued.
Several brokerages recently issued reports on AER. Zacks Investment Research upgraded Aercap Holdings N.V. from a “hold” rating to a “buy” rating and set a $54.00 price target for the company in a research note on Tuesday, August 15th. BidaskClub cut Aercap Holdings N.V. from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, August 15th. Royal Bank Of Canada reiterated a “buy” rating and issued a $77.00 price target on shares of Aercap Holdings N.V. in a research note on Friday, August 4th. Cowen and Company reiterated a “buy” rating and issued a $54.00 price target on shares of Aercap Holdings N.V. in a research note on Tuesday, July 11th. Finally, Barclays PLC began coverage on Aercap Holdings N.V. in a research note on Monday, July 10th. They issued an “overweight” rating and a $61.00 price target for the company. One investment analyst has rated the stock with a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $57.45.
In other news, Director James A. Lawrence purchased 100,000 shares of Aercap Holdings N.V. stock in a transaction dated Wednesday, August 9th. The stock was purchased at an average cost of $49.81 per share, for a total transaction of $4,981,000.00. Following the transaction, the director now directly owns 53,280 shares of the company’s stock, valued at $2,653,876.80. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Michael Gradon sold 742 shares of the business’s stock in a transaction on Monday, August 7th. The shares were sold at an average price of $50.16, for a total transaction of $37,218.72. Following the transaction, the director now owns 3,380 shares of the company’s stock, valued at $169,540.80. The disclosure for this sale can be found here.
About Aercap Holdings N.V.
AerCap Holdings N.V. is an independent aircraft leasing company. The Company focuses on acquiring in-demand aircraft, funding them, hedging interest rate risk and using its platform to deploy these assets. It operates its business on a global basis, leasing aircraft to customers in various geographical regions.
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